Springwater Special Situations Adjourns Meeting on Extension Plan to Next Week

Springwater Special Situations adjourned its stockholders meeting yesterday until Feb. 27 at 2 p.m. “to allow additional time for the company to engage with its stockholders regarding redemption reversals,” according to an 8-K filing.

The SPAC wants to push its Feb. 28 deadline to Aug. 28.

Springwater raised $150 million in an Aguust 2021 . Springwater in its initial S-1 registration said it would “media, engineering construction, engineering services, facility management and services, and beverages, semiconductor, aerospace, paper and pulp, logistics and distribution, IT services, software solutions, tourism, hospitality, , retail, precious metals trading and services, oil and gas, renewable energies, environmental services, steel, household appliances, construction materials and shipping and cruise industries.” Read more.


Source: Springwater Special Situations Adjourns Meeting on Extension Plan to Next Week